Maria's conclusion to her essay on the Federal Reserve System reads, "While the Fed is still controversial in some fringe groups, most Americans know that the Fed set the interest rate to 1.75% in October 2019." What is the best rewrite of her conclusion?(1 point)

Responses

While the Fed is still controversial in some fringe groups, most Americans appreciate the stability it brings to our financial system.
While the Fed is still controversial in some fringe groups, most Americans appreciate the stability it brings to our financial system.

No change is necessary.
No change is necessary.

President Woodrow Wilson established the Federal Reserve bank in 1913, yet it was not enough to prevent the Great Depression.
President Woodrow Wilson established the Federal Reserve bank in 1913, yet it was not enough to prevent the Great Depression.

Interest rates affect mortgages and retirement savings, so most Americans know that the Fed set the interest rate to 1.75% in October 2019.

While the Fed is still controversial in some fringe groups, most Americans understand the impact it has on interest rates, such as the Fed setting it to 1.75% in October 2019.

While the Fed is still controversial in some fringe groups, most Americans appreciate the stability it brings to our financial system.

The best rewrite of Maria's conclusion is: "While the Fed is still controversial in some fringe groups, most Americans appreciate the stability it brings to our financial system." The original conclusion focuses mainly on the specific interest rate set in October 2019, whereas the revised conclusion broadens the focus to highlight the overall stability that the Fed provides. This rewrite presents a more comprehensive and inclusive view of the Federal Reserve System.